GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Ryohin Keikaku Co Ltd (OTCPK:RYKKY) » Definitions » Gross Property, Plant and Equipment

Ryohin Keikaku Co (Ryohin Keikaku Co) Gross Property, Plant and Equipment : $1,403 Mil (As of Feb. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Ryohin Keikaku Co Gross Property, Plant and Equipment?

Ryohin Keikaku Co's quarterly gross PPE increased from Aug. 2023 ($1,329 Mil) to Nov. 2023 ($1,357 Mil) and increased from Nov. 2023 ($1,357 Mil) to Feb. 2024 ($1,403 Mil).

Ryohin Keikaku Co's annual gross PPE stayed the same from Aug. 2021 ($1,266 Mil) to Aug. 2022 ($1,219 Mil) but then increased from Aug. 2022 ($1,219 Mil) to Aug. 2023 ($1,329 Mil).


Ryohin Keikaku Co Gross Property, Plant and Equipment Historical Data

The historical data trend for Ryohin Keikaku Co's Gross Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ryohin Keikaku Co Gross Property, Plant and Equipment Chart

Ryohin Keikaku Co Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Aug21 Aug22 Aug23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 778.91 1,220.46 1,266.09 1,219.17 1,329.40

Ryohin Keikaku Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Gross Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,316.46 1,342.63 1,329.40 1,357.27 1,402.75

Ryohin Keikaku Co Gross Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the company. Fixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Ryohin Keikaku Co  (OTCPK:RYKKY) Gross Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Ryohin Keikaku Co Gross Property, Plant and Equipment Related Terms

Thank you for viewing the detailed overview of Ryohin Keikaku Co's Gross Property, Plant and Equipment provided by GuruFocus.com. Please click on the following links to see related term pages.


Ryohin Keikaku Co (Ryohin Keikaku Co) Business Description

Traded in Other Exchanges
Address
4-26-3 Higashi-Ikebukuro, Toshima-ku, Tokyo, JPN, 170-8424
Ryohin Keikaku Co., Ltd. otherwise known as Muji, is a Japanese retailer offering household and consumer goods. The company has a no-logo, no-brand policy. Its lower price strategy is based around the selection of materials, efficient manufacturing processes, and simplified packaging. The product portfolio ranges from stationery to clothing for men and women, food items, and major kitchen appliances. Its business includes also Muji Cafe & Meal, Muji Campsite, Muji House, and Idee. The Muji Cafe & Meal division operates Cafe Muji, offering cuisine, desserts, and beverages. Muji Campsite operates campsites and the surrounding forest areas. Muji House provides flexible framework for home interiors, such as The House of Woods and The House of Windows.

Ryohin Keikaku Co (Ryohin Keikaku Co) Headlines

From GuruFocus

Matthews Japan Fund Comments on Ryohin Keikaku Co Ltd

By Vera Yuan Vera Yuan 07-30-2015

Hennessy Japan Fund's Top Five Second Quarter Stocks

By Monica Wolfe Monica Wolfe 06-30-2014

Hennessy Japan Fund Comments on Ryohin Keikaku Co., Ltd.

By Vera Yuan Vera Yuan 06-26-2014

International Guru – Hennessy Japan Funds' Top Five Holdings

By Monica Wolfe Monica Wolfe 10-08-2013

Hennessy Japan Fund Annual Letter to Shareholders

By Holly LaFon Holly LaFon 01-05-2016

Hennessy Japan Fund Trims 14 Holdings

By David Goodloe David Goodloe 10-06-2016